解读RateX：如何通过10倍“杠杆收益交易”，实现TVL单周翻倍？

[{"type":"paragraph","children":[{"text":"Solana生态内的RateX协议，近期因其TVL在"},{"text":"一周内暴涨105%至4200万美元","bold":true},{"text":"而备受关注。其核心模式是：允许用户以"},{"text":"最高10倍杠杆","bold":true},{"text":"，交易代表未来收益现金流的“合成收益代币”（Yield Token, YT）。"}]},{"type":"paragraph","children":[{"text":"增长逻辑解析：","bold":true}]},{"type":"numbered-list","children":[{"type":"list-item","children":[{"type":"paragraph","children":[{"text":"抓住热点叙事","bold":true},{"text":"：其增长主要由Solana生态新公链"},{"text":"Sonic SVM","bold":true},{"text":"推出原生代币$SONIC驱动。围绕其质押资产SonicSOL（提供约24% APY）的收益投机需求，在RateX上爆发，单市场就占其TVL的69%。"}]}]},{"type":"list-item","children":[{"type":"paragraph","children":[{"text":"满足复杂需求","bold":true},{"text":"：用户不仅能用杠杆放大对收益率的投机（看涨收益率就做多YT），还能通过卖出YT"},{"text":"将浮动收益提前锁定为固定收益","bold":true},{"text":"，满足了从投机者到稳健持有者的不同需求。"}]}]},{"type":"list-item","children":[{"type":"paragraph","children":[{"text":"高资本效率","bold":true},{"text":"：用户只需少量保证金即可获得大幅收益敞口，吸引力强。"}]}]}]},{"type":"paragraph","children":[{"text":"观察","bold":true},{"text":"：这显示DeFi乐高正变得更复杂和高效，但"},{"text":"高杠杆也意味着更高的风险","bold":true},{"text":"。你会尝试这类“收益衍生品”吗？"}]},{"type":"paragraph","children":[{"text":"深度产品解析","bold":true},{"text":"："},{"type":"link","url":"https://blog.ju.com/zh-hans/ratex-protocol-leveraged-yield-trading/","children":[{"text":"https://blog.ju.com/zh-hans/ratex-protocol-leveraged-yield-trading/"}]},{"text":"\n"},{"type":"topic","character":"DeFi","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"杠杆","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"收益交易","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Solana","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"衍生品","children":[{"text":""}]},{"text":" "}]},{"type":"paragraph","children":[{"text":"\n"}]}]